Skyharbour Intersects 7.30% U3O8 over 3.0m within 5.0m of 4.61% U3O8 at High-Grade Moore Project and Plans for Upcoming Fully-Funded Summer Drill Programs

Skyharbour Intersects 7.30% U3O8 over 3.0m within 5.0m of 4.61% U3O8 at High-Grade Moore Project and Plans for Upcoming Fully-Funded Summer Drill Programs

Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (the "Company") is pleased to announce assay results from its 2024 winter diamond drilling program which totaled 2,864 metres in nine holes at its 100% owned, 35,705 hectare Moore Uranium Project. The project is located approximately 15 kilometres east of Denison Mine's Wheeler River project and proximal to regional infrastructure for Cameco's Key Lake and McArthur River operations in the Athabasca Basin, Saskatchewan. A highlight from this program was from hole ML24-08 which intersected 5.0 metres of 4.61% U 3 O 8 from a relatively shallow downhole depth of 265.5 metres to 270.5 metres including 10.19% U 3 O 8 over 1.0 metre at the Main Maverick Zone. Skyharbour plans to continue advancing Moore through additional drilling in 2024 in conjunction with a fully-funded summer drill program to follow-up on the recently reported Fork target uranium discovery at the Company's adjacent Russell Lake Uranium Project. The combined drill campaign this summer is planned to consist of approximately 7,000 - 8,000 metres with details forthcoming.

Moore Uranium Project Claims Map:

https://skyharbourltd.com/_resources/images/moore-project-map-20221012.jpg

Jordan Trimble, President and CEO of Skyharbour Resources, stated: "The drill results announced here demonstrate the high-grade, shallow endowment of uranium mineralization at the Main Maverick Zone. We continue to expand this main zone, and will be drilling this summer to further delineate the numerous high-grade zones of uranium on the Maverick Corridor taking advantage of regional infrastructure including the exploration camp at our adjacent Russell Lake project to bring our costs down. The multi-kilometre Maverick Corridor offers strong discovery potential along strike and at depth in the underlying basement rocks, and we also plan to test prospective regional targets that have had limited drill-testing historically. With the recent discovery of high-grade uranium mineralization at Russell in the Fork Zone, this has been an exciting season of drilling thus far for Skyharbour with much more news to come at both Moore and Russell as well as at the various partner-funded projects."

Highlights:

  • Hole ML24-08 is one of the better holes drilled at the Main Maverick Zone to date. It intersected an interval of high-grade mineralization grading 4.61% U 3 O 8 over 5.0m starting at 265.5m downhole including 3.0m of 7.30% U 3 O 8 and 1.0m of 10.19% U 3 O 8 , with up to 10.8% Ni.

  • Hole ML24-03 intersected a broad interval of high-grade mineralization grading 1.11% U 3 O 8 over 11.5m starting at 266.8m downhole including 2.0 metres of 5.87% U 3 O 8 .

  • All holes drilled in the Main Maverick Zone during the winter of 2024 intersected significant uranium mineralization with the goal of further expanding and delineating the known zone of mineralization.

  • There remains expansion potential at both of the high-grade Main Maverick and Maverick East Zones. Furthermore, substantial portions of the 4.7 kilometre long Maverick corridor remain to be systematically drill-tested leaving robust discovery potential along strike as well as at depth in the basement rocks.

  • Two exploratory holes drilled in the Grid 19 area tested the Slice Pond and 19 East Conductors and intersected structurally disrupted graphitic pelitic accompanied by significantly anomalous pathfinder element geochemistry.

  • Preparation for a fully-funded 2,500 - 3,000 metre summer drill program at Moore focused at the Maverick Zones is underway, as is a follow-up 4,500 – 5,000 metre drill program at the Russell Lake Project where drilling at the newly discovered Fork Zone returned high-grade uranium mineralization hosted in the sandstone.

Summary of 2024 Winter Drilling Program at Moore:

Drilling on the Moore Project over the winter of 2024 totaled 2,864 metres in nine holes. Seven holes (ML24-01 to -04 and ML24-7 to -09) were drilled at the Main Maverick Zone and two holes were drilled on the Grid 19 target conductors (ML21-05 to -06).

Moore Uranium Project Regional Grid Targets Map:
http://skyharbourltd.com/_resources/maps/Moore-Lake-Property-Wide.jpg

Main Maverick Zone Drilling:

Seven holes totalling 2,221 metres were drilled at the Main Maverick Zone to better define and expand the shallow high-grade mineralized zone. All of these holes were drilled vertically and intersected significant uranium mineralization at the unconformity centred around 265.0 metres to 275.0 metres downhole depth. The majority of the high-grade uranium mineralization at the Main Maverick Zone is sandstone-hosted situated just above the unconformity.

Main Maverick Zone Drilling Map:

https://www.skyharbourltd.com/_resources/maps/Maverick-Main-Drilling-2024_Magnetics.jpg

The highlight was hole ML24-08, which intersected 5.0 metres of 4.61% U 3 O 8 between 265.5 metres and 270.5 metres depth including 3.0 metres of 7.30% U 3 O 8 between 266.0 metres to 269.0 metres depth. Another notable hole was ML 24-03, which intersected a broad interval of mineralization grading 1.11% U 3 O 8 over 11.5 metres between 266.8 metres to 278.3 metres depth, including 5.87% U 3 O 8 over 2.0 metres. The results of the drilling are reported in the following table:

Hole From To Width Assay (% U 3 O 8 )
ML24-01 274.9 275.4 0.5 0.112
ML24-02 265.0 271.5 6.5 **0.914
ML24-03 266.8 278.3 11.5 1.112
incl 270.3 272.3 2.0 5.87
ML24-04 262.2 267.5 6.2 *0.323
incl 266.0 266.9 0.9 *1.142
ML24-07 267.1 271.1 4.0 0.729
incl 267.10 268.10 1.0 1.870
ML24-08
incl
265.5
266.0
270.5
299.0
5.0
3.0
4.610
7.30
incl
incl
267.5
268.0
268.5
268.5
1.0
0.5
10.19
14.90
ML24-09 270.0 273.1 3.1 *0.330
and 282.5 283.0 0.5 0.127

*Grade Equivalent U 3 O 8 from downhole gamma probing
** Composite of Chemical and Grade Equivalent U 3 O 8

The geology and geochemistry of all the drill holes are typical of the Main Maverick Zone. The zone is characterized by a subvertical fault intersecting basement rocks consisting primarily of graphitic and non-graphitic pelitic gneiss along with Hudsonian and Archaean granites, accompanied by local pegmatite bodies. The overlying sandstone is typically intensely faulted, de-silicified, clay enriched and highly bleached with sooty pyrite and local silicification. The depth to the unconformity is approximately 270.0 metres where the sandstone and basement rocks are clay-altered to -replaced with uranium mineralization and with local intervals of basement-hosted uranium mineralization. The sandstone column is highly anomalous in Boron (≤3,320 ppm B) with the basement rocks within and surrounding the mineralization highly anomalous in Vanadium (≤5,990 ppm V) and Lead (≤5,000 ppm Pb), as well as up to 14.7% Nickel and 1.77% Cobalt in an individual 0.5 metre mineralized sample in hole ML24-02 at 269.9 metres that also returned 1.18% U 3 O 8 . Furthermore, a 0.5 metre sample in hole ML24-08 intersected 10.8% Nickel along with 14.9% U 3 O 8 .

Grid Nineteen Drilling:

Two exploratory holes totalling 643.0 metres were drilled at the Grid 19 target area approximately 10km NE of the Maverick Zones, with one hole drilled on the Slice Pond Conductor (ML24-05) and the other hole on the 19 East conductor (ML24-06).

Grid 19 Zone Drilling Map:

https://www.skyharbourltd.com/_resources/images/Grid-Nineteen-2024-Winter-Drill-Map.jpg

Hole ML24-05 was drilled as a follow-up to the mineralization intersected in ML22-03 on the Slice Pond target at Grid-19. A moderately bleached, weakly fractured sandstone column was intersected down to the unconformity at 205.0 metres. Granitic gneiss, silicified metasediments and quartzite were intersected to 229.5 metres downhole, above locally faulted graphitic pelitic gneiss with accessory calc-silicate and iron formation down to 258.0 metres. Pink foliated granite and pegmatite was then intersected until the end of hole at 290.0 metres. The hole intersected encouraging pathfinder geochemistry including anomalous Cu (≤668 ppm), Th (≤140 ppm), V (≤244 ppm) and B (≤1080 ppm) within several of the graphitic faults.

Hole ML24-06 was drilled on the 19 East Conductor to follow-up on structurally disrupted graphitic gneisses and anomalous geochemistry previously encountered in ML21-08. Weakly to moderately bleached sandstone was drilled to 170.0 metres becoming moderately to strongly bleached and limonitic down to the unconformity at 193.2 metres. Bleached, hematized, and chloritized garnet-bearing granite was intersected until 211.8 metres followed by locally sheared and faulted graphitic metasediments intercalated with granite and accessory calc-silicate, amphibolite, and iron formation until the end of hole at 353.0 metres. Major graphitic structures were encountered within the basement and determined to be congruent with similar structures in ML21-08. Encouraging pathfinder geochemistry was identified within the graphitic shears, including anomalous B (≤338 ppm), V (≤185 ppm), Ni (≤379 ppm) and Cu (≤340 ppm).

2024 Summer and Fall Drilling Plans:

The Company is planning for an additional fully-funded 2,500 - 3,000 metres of drilling in seven to nine holes at the Main Maverick and Maverick East Zones to further expand, characterize and define the extents of the mineralized zones. Both of these high-grade zones are open along strike and at depth with less historical drilling testing the underlying basement rocks. This drilling will take place in conjunction with a 4,500 – 5,000 metre diamond drilling program at the adjacent Russell Lake Project, where the recently completed winter drilling program identified a significant new zone of uranium mineralization at the Fork Zone. Drill hole RSL24-02 in that program intersected 0.721% U 3 O 8 over 2.5 metres including 2.99% U 3 O 8 over 0.5 metres, approximately 500 metres from Highway 914. Both drilling programs will be run using the Company's McGowan Lake camp on Highway 914 as a base of operations making exploration at both properties very cost effective.

Moore Uranium Project Overview:

In June 2016, Skyharbour secured an option to acquire Denison Mine's Moore Uranium Project, on the southeastern side of the Athabasca Basin, in northern Saskatchewan and has since fulfilled its earn in. The project consists of 12 contiguous claims totaling 35,705 hectares located 42 kilometres northeast of the Key Lake mill, approx. 15 kilometres east of Denison's Wheeler River project, and 39 kilometres south of Cameco's McArthur River uranium mine. Unconformity-hosted uranium mineralization was discovered on the Moore Project at the Maverick Zone with historical drill highlights consisting of 4.03% eU 3 O 8 over 10 metres, including 20% eU 3 O 8 over 1.4 metres, in ML-161. In 2017, Skyharbour announced drill results of 6.0% U 3 O 8 over 5.9 metres, including 20.8% U 3 O 8 over 1.5 metres at a vertical depth of 265 metres, in hole ML-199. In addition to the Main and East Maverick Zones, the project hosts other mineralized targets with strong discovery potential which the Company plans to test with future drill programs. The project is fully accessible via winter and ice roads which simplifies logistics and lowers costs. Large proportions of the property are accessible in the summer as well.

Moore Lake Uranium Project Geophysics Map:
http://skyharbourltd.com/_resources/maps/MooreLake-Basic-geo-revamp.jpg

QA/QC, Radiometric Equivalent Grades and Spectrometer Readings:

‎All drill intervals above are downhole length and sampling procedures and QA/QC protocols for geochemical results as well as a description of downhole gamma probe grade calculations and protocols are below. All drill core samples are shipped to the Saskatchewan Research Council Geoanalytical Laboratories (SRC) in Saskatoon, Saskatchewan under the care of Skyharbour personnel for preparation, processing, and multi-element analysis by ICP-MS and ICP-OES using total (HF:NHO3:HClO4) and partial digestion (HNO3:HCl), boron by fusion, and U3O8 wt% assay by ICP-OES using higher grade standards. Assay samples are chosen based on downhole probing radiometric equivalent uranium grades and scintillometer (Radiation Solutions RS-125) peaks. Assay sample intervals comprise 0.5 metre continuous half-core split samples over the mineralized interval. These samples may also be selected for density determination using the lost wax method. With all assay samples, one half of the split sample is retained and the other sent to the SRC for analysis. The SRC is an ISO/IEC 17025/2005 and Standards Council of Canada certified analytical laboratory. Blanks, standard reference materials, and repeats are inserted into the sample stream at regular intervals by Skyharbour and the SRC in accordance with Skyharbour's quality assurance/quality control (QA/QC) procedures. Geochemical assay data are subject to verification procedures by qualified persons employed by Skyharbour prior to disclosure.

During active exploration programs drillholes are radiometrically logged using calibrated downhole Mount Sopris HLP-2375 or 2GHF probes of varying sensitivities which collect continuous readings along the length of the drillhole. Preliminary radiometric equivalent uranium grades ("eU 3 O 8 ") are then calculated from the downhole radiometric results. The probe is calibrated using an algorithm calculated from the calibration of the probe at the Saskatchewan Research Council facility in Saskatoon and from the comparison of probe results against geochemical analyses. In the case where core recovery within a mineralized intersection is poor or non-existent, radiometric grades are considered to be more representative of the mineralized intersection and may be reported in the place of assay grades. Radiometric equivalent probe results are subject to verification procedures by qualified persons employed by Skyharbour prior to disclosure.

Qualified Person:

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by David Billard, P.Geo., a Consulting Geologist for Skyharbour as well as a Qualified Person.

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada's Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with twenty-nine projects, ten of which are drill-ready, covering over 587,000 hectares (over 1.4 million acres) of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project which is located 15 kilometres east of Denison's Wheeler River project and 39 kilometres south of Cameco's McArthur River uranium mine. Moore is an advanced-stage uranium exploration property with high-grade uranium mineralization at the Maverick Zone that returned drill results of up to 6.0% U 3 O 8 over 5.9 metres including 20.8% U 3 O 8 over 1.5 metres at a vertical depth of 265 metres. Adjacent to the Moore Uranium Project is Skyharbour's recently optioned Russell Lake Uranium Project from Rio Tinto, which hosts several high-grade uranium drill intercepts over a large property area with robust exploration upside potential. The Company is actively advancing these projects through exploration and drill programs.

Skyharbour has joint-ventures with industry-leader Orano Canada Inc., Azincourt Energy and Thunderbird Resources (previously Valor) at the Preston, East Preston and Hook Lake Projects, respectively. The Company also has several active earn-in option partners including: CSE-listed Basin Uranium Corp. at the Mann Lake Uranium Project; CSE-listed Medaro Mining Corp. at the Yurchison Project; North Shore Uranium at the Falcon Project; and TSX-V listed Tisdale Clean Energy at the South Falcon East Project which is host to the Fraser Lakes Zone B Uranium and Thorium Deposit. In aggregate, Skyharbour has now signed earn-in option agreements with partners that total to over $33 million in partner-funded exploration expenditures, over $27 million worth of shares being issued and over $20 million in cash payments coming into Skyharbour, assuming that these partner companies complete their entire earn-ins at the respective projects.

Skyharbour's goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Skyharbour's Uranium Project Map in the Athabasca Basin:

https://www.skyharbourltd.com/_resources/images/SKY_SaskProject_Locator_2024-02-14_V2.jpg

To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company's website at www.skyharbourltd.com .

Skyharbour Resources Ltd.

"Jordan Trimble"

___________________________________

Jordan Trimble
President and CEO

For further information contact myself or:
Nicholas Coltura
Investor Relations Manager
Skyharbour Resources Ltd.
‎Telephone: 604-558-5847
‎Toll Free: 800-567-8181
‎Facsimile: 604-687-3119
‎Email: info@skyharbourltd.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor in any other jurisdiction.

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements, including the Private Placement. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, regulatory approvals, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.


 

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Pre-eminent uranium explorer and prospect generator in Canada’s Athabasca Basin

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Skyharbour Resources Ltd . (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) ("Skyharbour" or the "Company"), is pleased to announce that it has acquired, through inexpensive online staking, 21 new prospective uranium exploration claims in northern Saskatchewan. This strategic addition increases the Company's total land position to 616,939 hectares (1,524,489 acres) across 37 projects in which it holds an interest. The newly staked claims, which are 100% owned by Skyharbour, adds to the Company's existing portfolio of uranium projects within the Athabasca Basin, which is renowned for hosting the highest-grade uranium deposits globally and consistently ranked as a top-tier mining jurisdiction by the Fraser Institute.

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Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) ( " Skyharbour " or the " Company ") is pleased to report that its partner company Terra Clean Energy Corp. ("Terra", previously Tisdale Clean Energy) announces results from its Winter 2025 drill program and provides an update on the upcoming summer drill program at the South Falcon East Uranium Project (the "Property"), which hosts the Fraser Lakes B Uranium Deposit. The Property lies 18 km outside the edge of the Athabasca Basin, approximately 50 km east of the Key Lake mill and former mine. Skyharbour optioned the Project to Terra, and under the Option Agreement, assuming the 75% interest is earned, Terra will fund exploration expenditures totaling CAD $10,500,000, as well as pay Skyharbour CAD $11,100,000 in cash, of which $6,500,000 can be settled for shares in the capital of Terra ("Shares") over the earn-in period.

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Skyharbour's Partner Company Mustang Energy Receives Exploration Permit for 914W Uranium Project Located in the Athabasca Basin, Saskatchewan

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Terra Clean Energy Corp. Announces Agreement to Earn 100% Interest in 75 Past Producing Uranium Claims on The San Rafael Swell, Utah, United States

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Terra Clean Energy CORP. (" Terra " or the " Company ") (CSE: TCEC,OTC:TCEFF, OTCQB: TCEFF FSE: 9O0) is pleased to announce terms to acquire up to a 100% interest in 75 uranium claims in Emery County, Utah, United States.

Transaction Highlights

  • Nine Past Producing Uranium mines covered on the Claims having produced several hundred thousand tons of ore grading up to 1% U308
  • Visible Uranium, Vanadium, Copper and Cobalt at Surface with numerous uranium readings up to 21,000 CPS equating to grades .22% U308
  • Close Proximity to major roads with good year round access, power and a uranium mill located within a 75 mile drive
  • Strong Government support for nuclear power and uranium mining projects and a stated objective to reduce reliance on foreign nuclear fuel
  • Staged earn-in allows the company to optimize exploration programs
  • Provides Terra shareholders exposure to two North American assets both with near surface Uranium opportunities in low-risk jurisdictions

Greg Cameron stated "One of my stated goals with Terra was to add another low-risk uranium project to the Company and this transaction does just that. Having toured the properties with our VP Exploration, it is clear from the moment you arrive you are in a uranium district with many old workings, adits, shafts and old infrastructure. I am excited to see work begin this fall and believe there to be a clear path to add significant value for our shareholders."

Rationale Behind the Acquisition

Green Vein Mesa and Wheal Anne Claims offer exposure to uranium projects in the USA with excellent upside in a significant historical uranium district. Terra has made a strategic decision to acquire the Green Vein Mesa and Wheal Anne Claims due to the belief there is more minable uranium present. It is important to note that the encompassing claims have a production history. Both sets of claims are in ideal locations, situated near main roads, secondary roads and have access to power and water sources. In the past, mining operations focused on ore found at or near surface. The process of oxidation led to the formation of various secondary uranium minerals. The Trump Administration has recently enacted historic policies designed to accelerate nuclear power and uranium mining activity in the country"

"This initial project in San Rafael Swell offers significant upside as it is clear that these old mines were abandoned in the 1970's due to a uranium market collapse not because they ran out of uranium to mine," stated Greg Cameron, CEO of Terra. "We believe strongly that we can expand on the previous work through modern exploration technologies like 3D modelling"  added Trevor Perkins VP Exploration.

Project Overview

The San Rafael Swell is a large, uplifted, doubly-plunging anticline in east-central Utah and the Swell forms part of, but contrasts with the surrounding flat-lying rocks, of the Colorado Plateau, a significant uranium mining district in the Western United States. Historical uranium production was undertaken in the region between the late 1940's into the 1970's.  No significant work has been completed in the region in the past 50 years.

The rocks in the San Rafael Swell are predominately sedimentary (Pennsylvanian through Cretaceous), including Triassic and Jurassic formations that are known to host uranium. The project area is underlain by Triassic aged sedimentary rocks of the Moenkopi and Chinle formations. The Chinle outcrops in a continuous belt around the San Rafael Swell and on isolated buttes through the center of the swell. It is widely believed that volcanic ash is the source of uranium for many deposits in the swell. All existing mines and prospects in the Chinle are in the lower, bentonitic part of the Chinle in channel-fill sandstone and surrounding siltstones of the lower Chinle Formation. .  In the Green Vein Mesa area these occur as scour channel fill at the contact with the underlying Moenkopi Formation.

The project is separated into two claim groups 10 km apart. The Wheal Anne Claim Group is the southwest of the two and encompasses approximately 130 hectares covering the former producing Lucky Strike Mine and related uranium occurrences. The Lucky Strike Mine was discovered in 1949 and produced more than 10,000 tons of ore grading 0.22% U 3 O 8 and 0.09% V 2 O 5 . 1

The Green Vein Mesa Claim Group to the northeast encompasses approximately 300 hectares and covers the former producing Payday Mine, Hertz Mine, and Green Vein group of mines. Production numbers for these mines were not located, however the Hertz Mine reportedly had local samples up to 1% U 3 O 8 . 2

A map of a desert with red stars AI-generated content may be incorrect.

Figure 1:  Map of the San Rafael Swell from the Utah Geological Survey. The Wheal Anne and Green Vein Mesa Claim Group locations are shown by the red stars.

Please click to view image

A map of a desert AI-generated content may be incorrect.

Figure 2:  Overview of the Wheal Anne (West)and Green Vein Mesa (East) Claim Groups

Please click to view image

A satellite image of a mountain range AI-generated content may be incorrect.

Figure 3:  The Wheal Anne Claim Group, covering the historical Lucky Strike and Commonwealth Uranium Mines and showings.
Please click to view image

A map of a mountain range AI-generated content may be incorrect.

Figure 4:  The Green Vein Mesa Claim Group, covering the historical Payday, Hertz, Green Vein Group, and Green Vein #5 Uranium Mines.
Please click to view image

A hand holding a device AI-generated content may be incorrect.

Figure 5: Uraninite vein near the Payday Mine workings.
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A wooden structure on a hill AI-generated content may be incorrect.

Figure 6: Green Vein Group Mine workings and ore chute.
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Transaction Overview

To earn its respective interests in each of the Wheal Anne Claims and the Green Vein Mesa, the Company would be required to make the following cash payments, common share issuances and incur exploration expenditures on the respective claims as follows:

Wheal Anne Claims

Cash Payment Share Issuance Exploration Expenditures
To earn a 20% interest USD$20,000 on execution of definitive agreement 500,000 common shares within five business days of the execution of definitive agreement Incur USD$100,000 in expenditures on or before the 1 st year anniversary of the execution of definitive agreement
To earn a 40% interest Additional USD$33,333 on or before the 1 st year anniversary of the execution of definitive agreement Additional 500,000 common shares on or before the 1 st year anniversary of the execution of definitive agreement Incur additional USD$33,333 in expenditures on or before the 2 nd year anniversary of the execution of definitive agreement
To earn a 60% interest Additional USD$46,666 on or before the 2 nd year anniversary of the execution of definitive agreement Additional 500,000 common shares on or before the 2 nd year anniversary of the execution of definitive agreement Incur additional USD$33,333 in expenditures on or before the 3 rd year anniversary of the execution of definitive agreement
To earn an 80% interest Additional USD$60,000 on or before the 3 rd year anniversary of the execution of definitive agreement Additional 500,000 common shares on or before the 3 rd year anniversary of the execution of definitive agreement Incur additional USD$33,334 in expenditures on or before the 4 th year anniversary of the execution of definitive agreement
To earn a 100% interest Additional USD$73,333 on or before the 4 th year anniversary of the execution of definitive agreement Additional 500,000 common shares on or before the 4 th year anniversary of the execution of definitive agreement Incur additional USD$33,333 in expenditures on or before the 5 th year anniversary of the execution of definitive agreement

** Subject to the retention by the Vendors of a two percent (2%) net royalty on the Wheal Anne Claims (the " Wheal Anne Royalty "), with Terra Clean having the option to purchase fifty percent (50%) of the Wheal Anne Royalty at any time by making a total cash payment to the Vendors in the amount of USD$666,666.

Green Vein Mesa Claims

Cash Payment Share Issuance Exploration Expenditures
To earn a 20% interest USD$10,000 on execution of definitive agreement 250,000 common shares within five business days of the execution of definitive agreement Incur USD$50,000 in expenditures on or before the 1 st year anniversary of the execution of definitive agreement
To earn a 40% interest Additional USD$16,667 on or before the 1 st year anniversary of the execution of definitive agreement Additional 250,000 common shares on or before the 1 st year anniversary of the execution of definitive agreement Incur additional USD$13,334 in expenditures on or before the 2 nd year anniversary of the execution of definitive agreement
To earn a 60% interest Additional USD$23,334 on or before the 2 nd year anniversary of the execution of definitive agreement Additional 250,000 common shares on or before the 2 nd year anniversary of the execution of definitive agreement Incur additional USD$13,334 in expenditures on or before the 3 rd year anniversary of the execution of definitive agreement
To earn an 80% interest Additional USD$30,000 on or before the 3 rd year anniversary of the execution of definitive agreement Additional 250,000 common shares on or before the 3 rd year anniversary of the execution of definitive agreement Incur additional USD$13,334 in expenditures on or before the 4 th year anniversary of the execution of definitive agreement
To earn a 100% interest Additional USD$36,667 on or before the 4 th year anniversary of the execution of definitive agreement Additional 250,000 common shares on or before the 4 th year anniversary of the execution of definitive agreement Incur additional USD$13,334 in expenditures on or before the 5 th year anniversary of the execution of definitive agreement

**  Subject to the retention by the Vendors of a two percent (2%) net royalty on the Green Vein Mesa Claims (the " Green Vein Royalty "), with Terra Clean having the option to purchase fifty percent (50%) of the Green Vein Royalty at any time by making a total cash payment to the Vendors in the amount of USD$333,334.

The agreements to acquire an interest in each of the Wheal Anne Claims and the Green Vein Mesa Claims remains subject to the receipt of all regulatory approvals, including the approval of the Canadian Securities Exchange.

All securities issued in connection with these agreements would be subject to a four-month plus one day hold period from the date of issuance in accordance with applicable securities laws.

About Terra Clean Energy Corp.

Terra Clean Energy is a Canadian-based uranium exploration and development company. The Company is currently developing the South Falcon East uranium project within the Fraser Lakes B Uranium Deposit, located in the Athabasca Basin region, Saskatchewan, Canada as well as developing past producing Uranium mines in the San Rafael Swell Emery County, Utah, United States

ON BEHALF OF THE BOARD OF Terra Clean Energy CORP.

"Greg Cameron"
Greg Cameron, CEO

Qualified Person

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101, reviewed and approved on behalf of the company by C. Trevor Perkins, P.Geo., the Company's Vice President, Exploration, and a Qualified Person as defined by National Instrument 43-101.

* The historical results, production, and interpretation described here in have not been verified and are extracted from US Geological Survey reports.  The Company has not completed sufficient work to confirm and validate any of the historical data contained in this news release. The historical work does not meet NI 43-101 standards.  The Company considers the historical work a reliable indication of the potential of the San Rafael Swell and the information may be of assistance to readers.  Information collected during a site visit in September 2025 was collected using an RS-225 "Super-Spec" Spectrometer manufactured, inspected and calibrated in 2025.

Forward-Looking Information

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information, including statements regarding the potential development of mineral resources and mineral reserves which may or may not occur. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and general economic and political conditions. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary approvals, including governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by applicable laws. For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to the Company's public filings available under the Company's profile at www.sedarplus.ca .

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:

Greg Cameron, CEO
info@tcec.energy


Terra Clean Energy Corp
Suite 303, 750 West Pender Street
Vancouver, BC V6C 2T7
www.tcec.energy

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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

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